Short Interest in Simplify MBS ETF (NYSEARCA:MTBA) Increases By 17.2%

Simplify MBS ETF (NYSEARCA:MTBA) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 41,865 shares, an increase of 17.2% from the February 12th total of 35,726 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 173,811 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 173,811 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Simplify MBS ETF Stock Performance

Simplify MBS ETF stock opened at $49.85 on Thursday. The business has a fifty day moving average of $50.43 and a two-hundred day moving average of $50.47. Simplify MBS ETF has a twelve month low of $49.16 and a twelve month high of $50.88.

Simplify MBS ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were paid a dividend of $0.25 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date was Tuesday, February 24th.

Institutional Investors Weigh In On Simplify MBS ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Steinberganna Wealth Management raised its holdings in Simplify MBS ETF by 1.8% in the fourth quarter. Steinberganna Wealth Management now owns 12,601 shares of the company’s stock worth $635,000 after purchasing an additional 221 shares in the last quarter. Cambridge Advisors Inc. grew its position in shares of Simplify MBS ETF by 1.6% in the 3rd quarter. Cambridge Advisors Inc. now owns 16,667 shares of the company’s stock worth $839,000 after buying an additional 258 shares during the last quarter. Tranquilli Financial Advisor LLC grew its position in shares of Simplify MBS ETF by 2.0% in the 3rd quarter. Tranquilli Financial Advisor LLC now owns 13,850 shares of the company’s stock worth $697,000 after buying an additional 265 shares during the last quarter. Longview Financial Advisors Inc. raised its stake in shares of Simplify MBS ETF by 1.2% during the 4th quarter. Longview Financial Advisors Inc. now owns 24,063 shares of the company’s stock worth $1,213,000 after acquiring an additional 279 shares in the last quarter. Finally, Osaic Holdings Inc. raised its stake in shares of Simplify MBS ETF by 1.9% during the 2nd quarter. Osaic Holdings Inc. now owns 18,113 shares of the company’s stock worth $907,000 after acquiring an additional 343 shares in the last quarter.

About Simplify MBS ETF

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS. MTBA was launched on Nov 6, 2023 and is issued by Simplify.